Welcomed jobs numbers welcome in the new year
On the heels of positive economic news for the nation's jobs numbers, President Obama used this week's address to highlight some of the gains that have been made:
"We just learned that our economy added 212,000 private sector jobs in December. After losing more than 8 million jobs in the recession, we've added more than 3 million private sector jobs over the past 22 months. And we're starting 2012 with manufacturing on the rise and the American auto industry on the mend."
Yet, President Obama also noted that the work is not over, announcing an upcoming forum named "Insourcing American Jobs" dedicated to "bringing jobs back home."
The President also mentioned recently appointed consumer watchdog, Richard Cordray:
"Richard's job is simple: to look out for you. Every day, his sole mission is to protect consumers from potential abuses by the financial industry and to make sure that you've got all the transparent information you need to make the important financial decisions in your lives.
I nominated Richard for this job last summer. And yet, Republicans in the Senate kept blocking his confirmation -- not because they objected to him, but because they wanted to weaken his agency. That made no sense. Every day we waited was a day you and consumers all across the country were at greater financial risk."
To close out his weekly address, President Obama delivered his New Year's Resolution:
"So this year, I'm going to keep doing whatever it takes to move this economy forward and to make sure that middle class families regain the security they've lost over the past decade. That's my New Year's resolutin to all of you."
President Obama's Weekly Address:
